China, Japan manufacturing grows again, euro zone falters
TOKYO (Reuters) – Manufacturing in China and Japan returned to growth in June after months of decline but an unexpectedly sharp fall in French business activity dragged on the wider euro zone, surveys showed on Monday.
Tax cuts, dance hall deregulation aim to set Japan swinging
TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe is set to unveil measures ranging from phased corporate tax cuts and public pension reforms to proposed dance hall deregulation, but the latest salvo from his three-pronged strategy for economic revi…
India has not received information on Swiss ‘black money’: Finance minister
NEW DELHI (Reuters) – The Indian government has not received any communication from Switzerland about “black money” suspected to be stashed in Swiss banks, India’s finance minister Arun Jaitley said on Monday.
Car industry struggles to solve air bag explosions despite mass recalls
TOKYO/DETROIT (Reuters) – A year ago, Japan’s Takata Corp, the world’s second-largest maker of auto safety parts, believed it had finally contained a crisis more than a decade in the making.
Honda, Mazda expand recalls over Takata airbag problem
TOKYO (Reuters) – Honda Motor Co and Mazda Motor Corp said they are expanding last year’s massive recalls involving potentially explosive air bags supplied by Takata Corp, after a similar move by Toyota Motor Corp this month.
Upbeat China PMI boosts Asia equities, Aussie; oil up on Iraq
TOKYO (Reuters) – Asian stocks and the Australian dollar rose on Monday as upbeat news from China’s factory sector and fresh highs on Wall Street fuelled appetites for riskier assets, while crude oil held near nine-month highs as fighting in Iraq inten…
Apple, Google, Samsung vie to bring health apps to wearables
SAN FRANCISCO (Reuters) – For decades, medical technology firms have searched for ways to let diabetics check blood sugar easily, with scant success. Now, the world’s largest mobile technology firms are getting in on the act.
China June HSBC flash PMI shows first expansion in six months as orders surge
BEIJING (Reuters) – Activity in China’s factory sector expanded in June for the first time in six months as new orders surged, a preliminary HSBC survey showed on Monday, offering new signs the economy is stabilizing thanks to Beijing’s measures to sho…
Global infrastructure, capital spending to hit $9 trillion by 2025: study
WASHINGTON (Reuters) – Global spending on capital projects and infrastructure will shift from West to East, and jump to more than $9 trillion a year by 2025, according to a forecast released on Monday by accounting firm PricewaterhouseCoopers.
Takata says willing to support certain air bag inflator replacements
TOKYO (Reuters) – Takata Corp said it is willing to support car makers replacing certain air bag inflators made between 2000 and 2007 that were supplied to multiple car makers, including Honda Motor Co and Toyota Motor Corp, for vehicles sold in the Un…
